Common use of For Cause; Voluntary Termination Clause in Contracts

For Cause; Voluntary Termination. If the Grantee’s employment terminates prior to the Vesting End Date for Cause or the Grantee voluntarily terminates his/her employment for any reason other than for any of the reasons described in subsections (b) or (c), above, the Performance Shares, and any rights thereto, shall terminate immediately and the Grantee shall have no right thereafter to payment of any portion of the Performance Shares.

Appears in 3 contracts

Samples: Performance Share Agreement (Employers Holdings, Inc.), Performance Share Agreement (Employers Holdings, Inc.), Performance Share Agreement (Employers Holdings, Inc.)

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For Cause; Voluntary Termination. If the Grantee’s employment terminates prior to the Vesting Performance Period End Date for Cause or the Grantee voluntarily terminates his/her employment for any reason other than for any of the reasons described in subsections (b) or (c), above, the Performance Shares, and any rights thereto, shall terminate immediately and the Grantee shall have no right thereafter to payment of any portion of the Performance Shares.

Appears in 1 contract

Samples: Performance Share Agreement (Employers Holdings, Inc.)

For Cause; Voluntary Termination. If the Grantee’s employment terminates prior to the Vesting End Date for Cause or the Grantee voluntarily terminates his/her employment for any reason other than for any of the reasons described in subsections (b) or (c), above, the Performance Shares, and any rights thereto, shall terminate immediately and the Grantee shall have no right thereafter to payment of any portion of the Performance Shares.

Appears in 1 contract

Samples: Performance Share Agreement (Employers Holdings, Inc.)

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For Cause; Voluntary Termination. If the Grantee’s 's employment terminates prior to the Vesting End Date for Cause or the Grantee voluntarily terminates his/her employment for any reason other than for any of the reasons described in subsections (b) or (c), above, the Performance Shares, and any rights thereto, shall terminate immediately and the Grantee shall have no right thereafter to payment of any portion of the Performance Shares.

Appears in 1 contract

Samples: Performance Share Agreement (Employers Holdings, Inc.)

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